Wake up to long-range mountain views from this beautifully updated,
turnkey retreat in the amenity-rich Coosawattee River Resort. Every
piece of furniture, stylish dcor, TVs, gym equipment and all
accessories convey, making this home ready to enjoy or rent from
day one. Set four minutes from the gate and eleven minutes from
historic downtown Ellijay, it offers convenience without
sacrificing peace or privacy. From the welcoming front porch, step
inside where the views take center stage. The open kitchen features
brand-new appliances, abundant workspace, a large breakfast bar and
easy flow into the separate dining room, accented by a vaulted
ceiling and stained-glass window. The great room blends rustic
warmth with modern finishes, featuring a wood-clad vaulted ceiling,
light drywall, walls of windows framing the views and a stacked
river-rock fireplace. The main-level primary suite offers room to
unwind and an updated en suite bath with dual vanities, tiled
step-in shower and separate soaking tub. A half bath and laundry
closet with a brand-new washer and dryer complete the main level.
Upstairs, a loft overlooking the great room creates an ideal
reading nook and leads to two bedrooms with vaulted ceilings and
stained-glass accents, separated by a full bath. With its own
entrance, the lower level includes a full gym, recreation area,
large full bath and storage. It offers the flexibility to create a
complete private living space for guests, multigenerational use or
separate rental potential, or it can be converted back to garage
space. Outside, landscaping and hardscaping create spaces to enjoy
the peaceful mountain setting, while the fenced yard is perfect for
pets or children. Whether used as a full-time residence, vacation
getaway or exceptional short-term rental, this move-in-ready home
offers comfort, convenience and mountain views, together with
access to Coosawattee River Resort's extensive amenities.
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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